Road traffic passes one of the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

Road traffic passes one of the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

A city bus picks up passengers near the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

A city bus picks up passengers near the Kio towers, headquarters of Bankia SA, in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

A logo stands on display outside the headquarters of Bankia SA in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

A logo stands on display outside the headquarters of Bankia SA in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

One of the Kio towers, headquarters of Bankia SA, stand in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images

One of the Kio towers, headquarters of Bankia SA, stand in Madrid, Spain, on Thursday, Feb. 28, 2013. BFA-Bankia Chairman Jose Ignacio Goirigolzarri said a balance sheet clean-up that inflicted a 21.2 billion-euro ($27.6 billion) after-tax loss last year will set the Spanish banking group on course to repay state aid. Photographer: Angel Navarrete/Bloomberg via Getty Images